Europe Live Commerce Platforms Market Size, Share & Trends Analysis Report By Category (Apparel & Fashion, Cosmetics & Personal Care, Consumer Electronics, Furnishing, Entertainment, and Others Category), By Country and Growth Forecast, 2024 - 2031
Europe Live Commerce Platforms Market Size, Share & Trends Analysis Report By Category (Apparel & Fashion, Cosmetics & Personal Care, Consumer Electronics, Furnishing, Entertainment, and Others Category), By Country and Growth Forecast, 2024 - 2031
The Europe Live Commerce Platforms Market would witness market growth of 19.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Live Commerce Platforms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $204.9 Million by 2031. The UK market is exhibiting a CAGR of 18.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 20.5% during (2024 - 2031).
For fashion and cosmetics brands, live commerce platforms have integrated virtual try-ons and fitting rooms. Using augmented reality (AR), consumers can see how clothing items or beauty products look on them in real time. This feature provides a more personalized shopping experience, helping consumers make better purchasing decisions.
In addition, live commerce platforms have been employed in the food and beverage sector to conduct interactive cooking classes and recipe demonstrations. Chefs or culinary experts host live sessions where viewers can follow recipes, ask questions about techniques, and purchase ingredients directly from the live stream.
The high rate of internet use for shopping in Europe has elevated consumer expectations for real-time and interactive shopping experiences. European consumers increasingly seek dynamic and engaging online shopping formats like live commerce. This shift drives demand for platforms that offer live streaming capabilities, real-time interaction with hosts, and instant purchasing options, contributing to the growth of the live commerce platforms market. In 2023, 92% of the surveyed individuals utilized the internet, and 70% purchased or ordered goods or services online 12 months before the survey, according to Eurostat. With the widespread use of the internet for shopping, European retailers are adopting omnichannel retail strategies that include live commerce.
Based on Category, the market is segmented into Apparel & Fashion, Cosmetics & Personal Care, Consumer Electronics, Furnishing, Entertainment, and Others Category. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Amazon.com, Inc.
Google LLC (Youtube, LLC)
giosg.com Ltd.
iShopShops, Inc.
Bambuser AB
CommentSold, Inc.
Loop Now Technologies, Inc. (Firework)
TalkShopLive, Inc.
Livescale Technologies Inc.
GhostRetail Inc.
Europe Live Commerce Platforms Market Report Segmentation
By Category
Apparel & Fashion
Cosmetics & Personal Care
Consumer Electronics
Furnishing
Entertainment
Others Category
By Country
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Live Commerce Platforms Market, by Category
1.4.2 Europe Live Commerce Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Live Commerce Platforms Market
4.3 Porter Five Forces Analysis
Chapter 5. Europe Live Commerce Platforms Market by Category
5.1 Europe Apparel & Fashion Market by Country
5.2 Europe Cosmetics & Personal Care Market by Country
5.3 Europe Consumer Electronics Market by Country
5.4 Europe Furnishing Market by Country
5.5 Europe Entertainment Market by Country
5.6 Europe Others Category Market by Country
Chapter 6. Europe Live Commerce Platforms Market by Country
6.1 Germany Live Commerce Platforms Market
6.1.1 Germany Live Commerce Platforms Market by Category
6.2 UK Live Commerce Platforms Market
6.2.1 UK Live Commerce Platforms Market by Category
6.3 France Live Commerce Platforms Market
6.3.1 France Live Commerce Platforms Market by Category
6.4 Russia Live Commerce Platforms Market
6.4.1 Russia Live Commerce Platforms Market by Category
6.5 Spain Live Commerce Platforms Market
6.5.1 Spain Live Commerce Platforms Market by Category
6.6 Italy Live Commerce Platforms Market
6.6.1 Italy Live Commerce Platforms Market by Category
6.7 Rest of Europe Live Commerce Platforms Market
6.7.1 Rest of Europe Live Commerce Platforms Market by Category
Chapter 7. Company Profiles
7.1 Google LLC (Youtube, LLC)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Amazon.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Product Launches and Product Expansions:
7.2.5 SWOT Analysis
7.3 Giosg.com Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Acquisition and Mergers:
7.4 iShopShops, Inc.
7.4.1 Company Overview
7.5 Bambuser AB
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.6 CommentSold, Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.6.2.3 Acquisition and Mergers:
7.7 Loop Now Technologies, Inc. (Firework)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements: